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27267 Perdido Beach Blvd 3,188 - 5,900 SF Office/Retail Condo Units Offered at $1,163,620 - $1,889,000 Per Unit in Orange Beach, AL 36561
Executive Summary
This investment presents a rare opportunity to acquire a fully leased retail condominium package within SanRoc Cay Marina, a designated Waterfront Entertainment District in Orange Beach, Alabama. The offering is comprised of a fully leased commercial or residential space currently occupied by Serenity at the Beach Salon & Spa, a well-established salon and spa serving both local residents and Orange Beach’s strong tourism market. The offering includes 3 parcels: (1) Parcel 1 and 2: two units totaling five suites approximately 5,900 square feet, creating a diversified multi-tenant retail asset within a vibrant, high-traffic marina and entertainment destination. Buyers also have the option to purchase Unit 1 or Unit 2 separately. (2) Parcel 3: The suite totals approximately 3,188 square feet and features a well-designed layout that includes multiple private rooms, service areas, reception and retail display space, waiting lounge, and private restroom facilities. The functional floor plan supports a wide range of services while providing an efficient workflow for daily operations.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Total Building Size | 14,417 SF | Floors | 3 |
| Property Type | Office | Typical Floor Size | 4,806 SF |
| Property Subtype | Year Built | 1998 | |
| Building Class | B | Lot Size | 3.76 AC |
| Zoning | Entertainment District - Commerical | ||
| Total Building Size | 14,417 SF |
| Property Type | Office |
| Property Subtype | |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 4,806 SF |
| Year Built | 1998 |
| Lot Size | 3.76 AC |
| Zoning | Entertainment District - Commerical |
Amenities
- Courtyard
- Restaurant
- Air Conditioning
2 Units Available
Unit Multiple
| Unit Size | 5,900 SF | Sale Type | Investment |
| Price | $1,889,000 | Cap Rate | 5.20% |
| Price Per SF | $320.17 | NOI | $98,142 |
| Condo Use | Office/Retail | APN/Parcel ID | 65-02-10-0-000-069.000.905 |
| Unit Size | 5,900 SF |
| Price | $1,889,000 |
| Price Per SF | $320.17 |
| Condo Use | Office/Retail |
| Sale Type | Investment |
| Cap Rate | 5.20% |
| NOI | $98,142 |
| APN/Parcel ID | 65-02-10-0-000-069.000.905 |
Description
SanRoc Cay Marina is a mixed-use destination along Perdido Beach Boulevard, combining ground-level shops and restaurants with office and residential condominiums above. The development draws steady foot traffic from popular establishments such as Louisiana Lagniappe, Pelican Grill, Pizza at the Pass, Serenity at the Beach Salon & Spa, and the Tipsy Pelican outdoor bar. The property benefits from ample surface and underground parking, as well as direct access to the marina, which supports charter fishing boats, dolphin cruises, and the Reel Surprise Dock Store—offering fuel, bait, ice, and boating necessities.
The marina and retail center creates a vibrant coastal district blending shopping, dining, entertainment, and waterfront recreation. Boutiques add variety with resort wear, swimwear, jewelry, and specialty fashion. The courtyard at the heart of the property serves as a central gathering space, highlighted by live music events, the Tipsy Pelican bar, and the Silver Sailfish statue—a well-known local landmark and photo spot.
Located in Baldwin County on Alabama’s Gulf Coast, Orange Beach is a thriving resort city with about 8,095 residents (2020 census). Its population swells to over 100,000 during peak tourist season, driven by its 32 miles of sugar-white sand beaches, Gulf State Park’s 6,000 acres of trails and fishing pier, and attractions like The Wharf entertainment district. Known for both tourism and retirement appeal, Orange Beach offers a moderate cost of living, favorable tax benefits, and a high percentage of retirees (28.5% of residents are 65+).
Sale Notes
This investment presents a rare opportunity to acquire a fully leased retail condominium package within SanRoc Cay Marina, a designated Waterfront Entertainment District in Orange Beach, Alabama. The offering includes two units of five suites totaling approximately 5,900 square feet, creating a diversified multi-tenant retail asset within a vibrant, high-traffic marina and entertainment destination. Buyers also have the option to purchase Unit 1 or Unit 2 separately.
+38 More
Blue Lagoon copy
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Wonder 251 copy
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Daxx copy
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Treasure Chest copy
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Jane's Closet copy
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Unit 1
| Unit Size | 3,188 SF | Cap Rate | 5.32% |
| Price | $1,163,620 | NOI | $61,928 |
| Price Per SF | $365.00 | No. Parking Spaces | 55 |
| Condo Use | Office/Retail | APN/Parcel ID | 65-02-10-0-000-069.000.916 |
| Sale Type | Investment or Owner User |
| Unit Size | 3,188 SF |
| Price | $1,163,620 |
| Price Per SF | $365.00 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.32% |
| NOI | $61,928 |
| No. Parking Spaces | 55 |
| APN/Parcel ID | 65-02-10-0-000-069.000.916 |
Description
SanRoc Cay Marina is a mixed-use destination along Perdido Beach Boulevard, combining ground-level shops and restaurants with office and residential condominiums above. The development draws steady foot traffic from popular establishments such as Louisiana Lagniappe, Pelican Grill, Pizza at the Pass, Serenity at the Beach Salon & Spa, and the Tipsy Pelican outdoor bar. The property benefits from ample surface and underground parking, as well as direct access to the marina, which supports charter fishing boats, dolphin cruises, and the Reel Surprise Dock Store—offering fuel, bait, ice, and boating necessities.
The marina and retail center creates a vibrant coastal district blending shopping, dining, entertainment, and waterfront recreation. Boutiques add variety with resort wear, swimwear, jewelry, and specialty fashion. The courtyard at the heart of the property serves as a central gathering space, highlighted by live music events, the Tipsy Pelican bar, and the Silver Sailfish statue—a well-known local landmark and photo spot.
Located in Baldwin County on Alabama’s Gulf Coast, Orange Beach is a thriving resort city with about 8,095 residents (2020 census). Its population swells to over 100,000 during peak tourist season, driven by its 32 miles of sugar-white sand beaches, Gulf State Park’s 6,000 acres of trails and fishing pier, and attractions like The Wharf entertainment district. Known for both tourism and retirement appeal, Orange Beach offers a moderate cost of living, favorable tax benefits, and a high percentage of retirees (28.5% of residents are 65+).
B3-11 Floor Plan
Presented by
Dolphin Cove Realty
27267 Perdido Beach Blvd
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